The Colorado Energy Office is putting the final touches on a $12 million program to provide e-bike rebates for low- and moderate-income residents to be released sometime this summer reports Colorado Public Radio (CPR).

While details of the size of the discounts have not been release under the legislation approved by state lawmakers, residents at any income level could get a $450 tax rebate toward an e-bike purchase beginning in the spring of 2024.

Following Denver’s recent success offering rebates on electric bicycles, the state of Colorado is gearing up to follow the lead of its capital city.

Read the full report here.